Despite numerous headlines and press releases from various US airlines, no new significant growth is being added to airline capacity, according to AirlineFinancials.com founder Bob Herbst. But his report was made more interesting for the fact that, although most think low-cost carriers' capacity growth has impeded legacy ability to raise fares, the US airline industry capacity retractions in the past decade have actually overwhelmed the growth of the low-cost carriers in that time. In addition, contrary to popular belief that legacies have just been offloading their capacity onto regionals, they have not increased regional flying and, in fact, have kept it flat over the past three years.